Trade-Ideas LLC identified

Alamos Gold

(

AGI

) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Alamos Gold as such a stock due to the following factors:

  • AGI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $16.6 million.
  • AGI has traded 1.7 million shares today.
  • AGI is up 3.3% today.
  • AGI was down 9.6% yesterday.

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More details on AGI:

Alamos Gold Inc. explores for, mines, develops, and produces gold deposits in the United States and Canada. The company also explores for silver and precious metals. The stock currently has a dividend yield of 1.1%.

The average volume for Alamos Gold has been 755,600 shares per day over the past 30 days. Alamos has a market cap of $722.1 million and is part of the basic materials sector and metals & mining industry. Shares are down 20.6% year-to-date as of the close of trading on Tuesday.

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